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I don't think that's the main reason for the US to be opposing it though. American LNG is already allocated 100% at this time. Besides, you need very expensive
by sonicggg 5y ago
I don't think that's the main reason for the US to be opposing it though.
American LNG is already allocated 100% at this time. Besides, you need very expensive port infrastructure as well to support it, not many EU ports have that capability. If they are looking for new energy sources, it will need something more efficient. Can't rely on LNG.
- vba616 5y ago>American LNG is already allocated 100% at this time Energy supply and demand isn't very elastic, but nothing's absolute, right? You could guess that without any specific knowledge and find the articles. I'm seeing headlines like "In Extreme LNG Market, Cheniere Finds More LNG to Sell and Dramatically Boosts 2022 Estimates Again" P.S. the following says "Train 6" (liquefaction units) came online February 4, 2022: https://www.cheniere.com/where-we-work/sabine-pass https://www.cheniere.com/where-we-work/sabine-pass